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/biz/ - Business & Finance

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14001899 No.14001899 [Reply] [Original]

$7500 (61.80%)
$7000 (50%)
Post your opinion below.

I am going to DCA

>> No.14001968

>>14001899
Low 7K to high 6K

>> No.14001972

enjoy DCAing all the way to sub 1k

>> No.14001976

I think $7000 is the bottom
But would allocate 50% or 25% of my capital at $7500

>> No.14001982

>>14001899
what does it mean doctor

>> No.14001985

>>14001899
based chart thanks anon

>> No.14001993

>>14001899
5500

>> No.14002448

>>14001982
It simply means : Dont short sell at support or you will lose money.
More than 75% of the people in crypto sell at support and buy at resistance.

It's extremely likely that price will bounce from
-61.80%
-50%

>> No.14002533

5.5

>> No.14002547

i mean 5.2

>> No.14002564

If we're this far down we're gonna close CME gap at 7100. Probably bottom at 6.8K.

>> No.14002824

>>14002448
Right, but it doesnt nessecarily indicates the prices will drop all the way there (incase of 7000), but if it does, it has likely support?

>> No.14003336

it's going to $0. IT. DOESN'T. SCALE.

>> No.14003602

>>14003336
So what if bitcoin can't scale.... it's way too volatile to be a stable currency anyway.
Bitcoin is a trading vehicle, nothing more nothing less.
Bitcoin is like the dollar but opposite in value, instead of losing it can only gain in value.

>> No.14003619

I longed 7650 10x 30btc

>> No.14003650

>>14001899
We will be making several temporary stops on the down to around 2.5K

>> No.14003721

>>14003602
If Bitcoin can't scale, then the price will have difficulty going up.

>> No.14003806
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14003806

Is there a way to write a bot easily that buys and sells at set amounts that I want? just if price hits $5999, then buy 1 btc
Shouldnt be hard right? Im sure there are already software that does this

>> No.14003830

>>14001899
Buy now

>> No.14003859

OP can't even properly trace a Fibo retracement.
jizzus...

>> No.14003935

>>14003859
bet he makes more money than you

>> No.14004074
File: 208 KB, 1398x784, 1558825755007.png [View same] [iqdb] [saucenao] [google]
14004074

>>14001899
chekked
this is exactly what im looking for
$20k cash on hand ready to DCA in, what's everyones spread looking like?

>> No.14004393

>>14001976
I’m gonna take your advice OP i have just put a 3 btc order at 7510 and will set up on for 7100/7000 later on. Good luck

>> No.14004423

$5000, I am usually right. Bleed takes 3 weeks

>> No.14004446

>>14001899
6200 to 4200 the last support before 2k

>> No.14004530

>>14003336
BTC DOESN'T SCALE AND NOBODY FUCKING CARES
BTC is a edging mechanism against FIAT inflation because architecturally it tends to deflate and gain value.
Stable, immutable, safe, the rest doesn't matter.
We will never pay a coffee with BTC, there is no fucking point.
BTC adoptions will never come while using it to pay the breakfast, it will come with institutions and governments.
People should understand that the major killer of BTC is not bcashie or bigblockers, it's fucking ZEC.
Governments will have the perfect mechanism to avoid sanctions and economical restrictions.
When the first nation jumps in, everybody will follow.
What happens next, you can imagine.